The federal budget could save up to $13.5 billion a year by curbing superannuation tax breaks that disproportionately benefit the richest Australians, according to a new Grattan Institute report.
The think tank said on Monday that the Albanese government should expand its recent crackdown on super concessions and target a number of other tax breaks across the budget, including the tax-free status on super earnings extended to millions of Australians after they retire.
